November 2025 – Page 197

Expert urges decisive aviation policy reforms in Nigeria

05.11.2025

The Chief Financial Officer of Aero Contractors, Charles Grant, has called for decisive policy reforms to steer Nigeria’s aviation industry out of what he described as a prolonged period of fiscal and operational turbulence. Speaking at a Civil Aviation Cost Recovery and Revenue Optimisation Stakeholders’ Retreat themed “Strengthening Collaboration for Revenue Optimisation and Operational Efficiency”,...

Tinubu seeks senate approval for N1.15trn domestic loan

05.11.2025

President Bola Tinubu on Tuesday sought the approval of the Senate to borrow N1.15tn from the domestic debt market to finance part of the deficit in the 2025 national budget. The request, contained in a letter read during plenary by Senate President Godswill Akpabio, is the latest in a series of borrowing plans presented by...

Dufil empowers teachers with 21st-century teaching skills

05.11.2025

Dufil Prima Foods Plc, makers of Nigeria’s leading noodles brand, Indomie, has reaffirmed its long-standing commitment to advancing education and teacher development with the successful hosting of the 16th Annual Teachers’ Seminar in Lagos. Themed “Innovative Education: Integrating 21st-Century Skills as Learning Experiences into the Curriculum,” the highly attended event gathered thousands of educators at...

REA, FCMB rally investors for Nigeria’s clean energy growth

05.11.2025

Stakeholders at the Nigeria Renewable Energy Innovation Forum have called for stronger collaboration, innovation, and targeted investments to accelerate Nigeria’s transition toward renewable energy and ensure sustainable power access for all citizens. According to a statement on Tuesday, the two-day forum, organised by the Rural Electrification Agency in Abuja, convened key industry players, policymakers, private...

New petrol import tariff could cost Nigerians N1tn annually

05.11.2025

Nigerians will pay an additional amount of about N1tn (N973.6bn) annually on petrol imports following the Federal Government’s planned introduction of a 15 per cent import tariff on Premium Motor Spirit (petrol), a price analysis conducted by The PUNCH has shown. According to a petrol import trend report obtained from the Nigerian Midstream and Downstream...

Unpaid Contractors: Reps Make U-Turn, To Reconvene Today

05.11.2025

Barely some hours after resolving to embark on a week break in solidarity with local contractors who are being owed by the Federal Government since 2024, the House of Representatives has rescinded its earlier decision and will resume plenary today. A statement by the House spokesman, Akin Rotimi, said: “The House of Representatives will reconvene...

Jubaili Bros and Perkins discuss Nigeria’s energy future

05.11.2025

Jubaili Bros, one of Nigeria’s engineering firms, in partnership with global engine manufacturer Perkins, convened a technical seminar in Lagos last week to explore the future of the country’s energy sector. The organisers disclosed this in a statement on Tuesday. Held at Victoria Island’s Black Diamond Hotel on 29 October, the seminar brought together engineers,...

Banks and regulators discuss NGO financial reforms in Nigeri

05.11.2025

Banks, regulators and civil society groups have begun talks on easing tough financial rules that have long hindered the operations of non-profit organisations in Nigeria. The discussions took place during a high-level training organised by Spaces for Change and the Compliance Institute Nigeria in Lagos recently, aimed at improving how banks apply anti-money laundering and...

France deepens investment in Nigeria amid economic reforms

05.11.2025

The French government has reaffirmed its confidence in Nigeria’s economic reforms, pledging deeper investments across key sectors such as energy, manufacturing, and technology. Speaking at a press conference in Lagos on Monday ahead of the 40th anniversary of the Franco-Nigerian Chamber of Commerce and Industry, the Consul-General of France in Lagos, Laurent Favier, said France...

X3M Ideas CEO Steve Babaeko elected as IAA Africa VP

05.11.2025

The Group CEO and Chief Creative Officer of X3M Ideas, Steve Babaeko, has been elected Vice President and Area Director for Africa on the Global Board of the International Advertising Association, the world’s leading network for marketing, communications and media professionals. In a statement on Tuesday, Babaeko said he would lead the IAA’s initiatives across...